Quote:
Originally Posted by lew1
If they were to lose on the ammo purchases, that would be capitalism at work.
Back during the panic during Clinton, I did gun shows. One table holder went thru the show and purchased all of the primers he could find. He purchased mine at $18.00 per box. (Before the panic I was selling them for $8.00 per box, so I was happy to sell all of mine to him.) He paid as high as $22.00 per box from others. So he had all of these primers and a few months later, the panic vanished. And he was selling primers at $8.00 per box. He was realistic about it as he said he took a gamble - and sometimes you win and sometimes you lose. Capitalism at work.
I had stopped doing gun shows in January 2006. But I had a number of primers left on hand (about 75 sleeves) sitting around here and there. Sold them at NGD (3 shows) for $40.00 per box (1000). Capitalism at work.
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During the prevous asssault rifle scare, some locals hoarded hi-cap mags and sold them at the shows for 3-4 times the list price. It was kinda funny to see them a few months later. When you finally were able to order Butler Creek .22 mags online for $20 again, they were still trying to sell them for $50. I talked to one of them, and he said that he had taken a huge loss on hoarding mags while the prices were still going up. That's money he'll never get back, and I can't say that I feel sorry for him.